FILE PHOTO: A man looks across the street at a screen displaying the Sensex on the façade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. Reuters/Danish Siddiqui
Sensex Today: Domestic markets opened with a decline on Thursday amid weak global cues and weak foreign inflows.
Sensex Today: After trading in the negative zone for most part of the session, major benchmark indices rebounded and ended near the day’s higher levels led by gains in select bank and metal stocks.
The S&P BSE Sensex hit a low of 60,479 in morning trade, tracking weak cues from global peers. However, renewed buying interest, short-covering at the end of monthly F&O saw the BSE benchmark rally to a high of 61,211 in late deals – up 732 points from the day’s low.
The Sensex finally closed at 61,134 with a gain of 224 points.
nse smelly The 50 point climbed from a low of 17,993 to a high of 18,211 and finally closed 69 points higher at 18,191.
Among 30 Sensex stocks, Bharti Airtel and SBI gained over 2 per cent each. Axis Bank, Tata Steel, ICICI Bank, IndusInd Bank and Sun Pharma were the other major gainers. On the other hand, Tata Motors and Titan declined one per cent each.
However, the broader markets were mixed. The BSE Midcap index was down 0.1 per cent, while the Smallcap index gained 0.3 per cent. The overall market breadth was marginally positive with around 1,900 stocks advancing as against around 1,600 losers on the BSE.
global signal
Globally, US equity markets declined overnight as traders expected an early recession in 2023. The Dow Jones, NASDAQ Composite and S&P 500 each closed down more than 1 percent.
Asia-Pacific markets were also lower this morning with the Nikkei 225, Kospi, Topix and S&P 200 indices down up to 0.8 per cent.
In the commodities market, Brent crude and WTI crude prices fell up to 0.6 per cent to USD 82 per barrel and USD 78 per barrel, respectively, amid demand concerns following resurgence in COVID-19 cases in China.
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